Join The Class Action Suit
Company: Otelco Inc.
Kaskela Law LLC is investigating Otelco Inc. (“Otelco”) (NASDAQ: OTEL) on behalf of the company’s shareholders.
On July 27, 2020, Otelco announced that it had agreed to be acquired by affiliates formed by Oak Hill Capital (“Oak Hill”), a private equity firm, for $11.75 per share in cash. Notably, shares of Otelco’s common stock closed at $12.26 per share on July 24, 2020, the trading day prior to the announced agreement with Oak Hill.
The firm’s investigation seeks to determine whether Otelco stockholders (i) are expected to receive adequate consideration for their shares and (ii) are receiving all material information in connection with the proposed acquisition by Oak Hill.
Otelco shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585, or by completing the information form on this page, to discuss this investigation and their legal rights and options.